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WASHINGTON — Despite a bit of a slow start, the race for the 2012 Republican presidential nomination is off and running. Candidates have officially unveiled their campaigns. They’ve pressed the flesh with voters across the country. And they’ve participated in debates and cattle calls.

But with about eight months until the first GOP nominating contests, less than half of Republican primary voters — 45 percent — say they are satisfied with their current crop of presidential candidates, according to a new NBC News/Wall Street Journal poll.

That's substantially lower than the 73 percent of Republicans who were satisfied in the summer of 2007 (when the GOP candidates included John McCain, Rudy Giuliani, Mitt Romney and Mike Huckabee), as well as the 68 percent who were satisfied in early 1996 (when Bob Dole won the GOP nomination).

The frustration with the 2012 GOP bench explains why some Republicans are searching for others — like Texas Gov. Rick Perry, New Jersey Gov. Chris Christie (who has said he’s “100 percent certain” he’s not running) and even former Alaska Gov. Sarah Palin — to join the field.

“In retrospect, the 2007-2008 field looks unusually strong compared to the current crop of candidates,” said Republican pollster Bill McInturff, who conducted the survey with Democratic pollster Peter D. Hart and who served as McCain’s pollster in the 2008 election.

Obama’s weaknesses: pessimism, the economy
Republican dissatisfaction with the Obama’s rivals may be good news for the White House, but the president’s path to re-election is still far from smooth.

Obama has weaknesses of his own — including an American public that’s pessimistic about the nation’s direction and the state of the U.S. economy — that foreshadow a potentially close general election.

According to the poll, 62 percent of respondents think the nation is headed in the wrong direction versus 29 percent who think it’s going in the right direction. What’s more, a plurality of 44 percent believes the U.S. economy is in store for another recession. And a whopping 69 percent say that high gas prices have affected them either “a great deal” or “quite a bit.”

“I think the central story from this survey still remains the economy,” Hart says. “It’s going nowhere. The public is unbelievably pessimistic about the future. And everyone is being affected by everything from gas to home values to unemployment.”

“It leaves America with little sense that somehow there’s a brighter tomorrow that’s around the corner,” he adds.

Reasons why Obama is holding steady
Yet despite the pessimism and current economic headwinds, the president’s overall numbers are holding steady, even though his bin Laden bump is officially over.

Obama’s job-approval rating in the poll sits at 49 percent who approve to 46 percent who disapprove, which is down from 52 percent to 41 percent after Osama bin Laden was killed in early May.

In addition, he leads Romney — the early GOP front-runner — by six points in a hypothetical general-election match up, 49 percent to 43 percent. And he’s ahead of Pawlenty by 13 points, 50 percent to 37 percent.

Hart, the Democratic pollster, cites three reasons why Obama is staying afloat. One is his personal popularity, with this poll showing him with a 49 percent to 37 percent favorable/unfavorable rating. (That’s compared with 27 percent to 26 percent for Romney, 14 percent to 15 percent for Pawlenty, 24 percent to 54 percent for Palin and a record-setting 16 percent to 48 percent for former House Speaker Gingrich.)

According to Hart, a second advantage is Congress, whose approval rating in the poll is a dismal 18 percent.

A third reason is that the American public isn’t blaming Obama for the current economy, with more than six in 10 respondents still saying he inherited the country’s economic problems from his Oval Office predecessor.

Also, while a combined 47 percent believe George W. Bush and his administration are “solely responsible” or “mainly responsible” for the current economy, just 34 percent in the poll say the same of Obama and his administration.

But that doesn’t mean the public is satisfied with the president’s economic performance. Just 41 percent approve of his handling of the economy, versus 50 percent who approve of his handling of foreign policy and 54 percent who approve of his handling of the war in Afghanistan.

And only 34 percent think the economic stimulus that Obama signed into law in 2009 has helped improve the economy or will improve it in the future.

“I think the president gets the benefit of the doubt on the economy,” Hart says. “But the public hasn’t seen a lot of positive action.”

McInturff adds, “The president has substantial advantages, but is still in for a difficult race.”

Romney, leader of the GOP pack
Regarding the GOP contest to challenge Obama in November 2012, Romney leads the Republican pack — and by a sizable margin.

In a 10-candidate trial heat, Romney gets support from 30 percent of GOP primary voters. He’s followed by Palin at 14 percent, ex-pizza chain head Herman Cain at 12 percent, Perry at 8 percent, Paul at 7 percent and Gingrich at 6 percent. Next come Pawlenty and Santorum at 4 percent, Bachmann at 3 percent and Huntsman at 1 percent.

In a smaller trial heat consisting of just six Republican candidates, Romney’s lead jumps to 43 percent, with Paul and Bachmann at 11 percent, Santorum at 9 percent, Gingrich at 8 percent and Pawlenty at 7 percent.

But the poll also suggests that Romney has two hurdles he still needs to clear. The first is the similarity between his Massachusetts health care law and the federal one Obama signed into law in 2010.

When told that Romney opposes the federal law requiring that nearly all Americans have health insurance — but that Romney’s own law continued a similar requirement — 34 percent of GOP primary voters said that those facts diminished their favorable impression of the Republican presidential candidate. Twenty-one percent said it made their impression more favorable, and 42 percent said it made no difference.

A second hurdle is that just 24 percent of total respondents in the poll have confidence in Romney’s skills and ability to be president. Back in Sept. 2007, Hillary Clinton (46 percent), Giuliani (36 percent), Obama (32 percent), McCain (31 percent) and John Edwards (31 percent) all had higher scores on this question than Romney does now.

On overhauling Medicare, leaving Afghanistan
Turning to Republicans’ proposal to overhaul Medicare — transforming the government-run health program into a system where future seniors receive a subsidy or voucher to help them purchase private insurance — 31 percent say it’s a bad idea, which is up nine points since April.

Just 22 percent say it’s a good idea, which is virtually unchanged from last month. And 45 percent say they have no opinion.

And on the subject of Afghanistan, 23 percent say U.S. troops should be removed from the country now; 24 percent say they should be removed on the current timetable of July 2011 (when the U.S. plans to begin reducing its presence there); 37 percent say they should be removed depending on the conditions on the ground come July; and 15 percent say they should be removed only after the Afghan government has stabilized and the Taliban has been defeated.

The NBC/Wall Street Journal poll was conducted of 1,000 adults (200 reached by cell phone) from June 9-13, and it has an overall margin of error of plus-minus 3.1 percentage points.

Video: Poll: Pessimism over economy hits two-year high

Closed captioning of: Poll: Pessimism over economy hits two-year high

>>>in our nbc news poll tonight, a look at where things stands as this early field starts to shake out on the
republican side
at least and our numbers are showing some dissatisfaction with the choices out there so far. our chief white house correspondent and political director
chuck todd
with us with the new numbers from washington.

>>there is a clear front-runner in the republican race. but
mitt romney
and company have yet to fire up many republican leaders and according to our new
wall street journal
follow, the
rank and filerepublicans
aren't fired up either.

>> reporter: texas governorrick perry
.

>>are you ready to take this country back? then stand with us over the course of the next 16 months.

>> reporter: that's him last night in new york. only a day after
tea partyrepublicans
were swooning about minnesota congresswoman michelle bachma bachmann's performance on monday night in new hampshire.

>>it's a thrill to be here tonight.

>> reporter: and today another tryst.
rudy giuliani
a flop in the
2008
race, met privately with perry in the morning and met with new jersey governor
chris christie
. as for christy.

>>i'm 100% certain i'm not going to run.

>> reporter: so who's going on here? front liner
mitt romney
and the other announced candidates are not exciting many
republicans
leaders including giuliani who himself is thinking about becoming a candidate again. the
rank and file
seem to share the doubts. nearly half the
republicans
are dissatisfied the current feel, according to the latest nbc news "
wall street journal
" poll. four years ago at this same point in the race, 70% of
republicans
were satisfied with their choices. when asked about ten potential candidates, 30% of
republicans
picked romney, with businessman her man cain the only other announced candidate. despite the unsettled nature of the republican field,
president obama
's campaign team has plenty to worry about with 17 months to go before
election day
. his job approval rating sits at a tenuous 49%. unhandling the economy, his numbers are even lower, with a majority 54% disapproving. and pessimism about the economy that things will get worse over the next 24 months. and the
republicans
seem to be giving the president more
benefit of the doubt
than kochk right now. 51 percent believe the
u.s. military
should stay involve until gadhafi leaves power.